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Thunderbird Entertainment Group Inc. (THBRF) is a leading production company in the entertainment industry, specializing in creating high-quality content for television, film, and digital platforms. With a diverse portfolio of successful projects, Thunderbird has established itself as a powerhouse in the media landscape. The company's core business includes developing, producing, and distributing innovative and engaging content across various genres. Thunderbird's recent achievements include collaborating with top-tier talent and securing lucrative partnerships with major industry players. Their current projects showcase their commitment to creativity, storytelling, and audience engagement. Financially, Thunderbird Entertainment Group Inc. continues to demonstrate robust performance and sustainable growth, making it a promising investment opportunity for shareholders. With a focus on delivering compelling content and expanding its reach, Thunderbird Entertainment Group Inc. remains at the forefront of the entertainment industry.
Thunderbird Entertainment Group (THBRF) reported a 27% increase in revenue, reaching $37.7 million for Q3 2021, and a striking 42% increase for nine months at $85.4 million. Adjusted EBITDA also saw growth, rising 8% to $7.4 million for the quarter. Production services revenue surged 52% due to more and larger contracts, while licensing and distribution revenue grew 9%, aided by recent show deliveries. The production backlog increased to $102.2 million, demonstrating robust future revenue potential.
Thunderbird Entertainment Group (OTCQX:THBRF) has announced it will release its third quarter 2021 financial results pre-market on May 27, 2021. A conference call and webcast is scheduled for the same day at 11 a.m. PT/2 p.m. ET. CEO Jennifer Twiner McCarron will provide a corporate update, while CFO Barb Harwood will present the financial statements. Participants should join the call ten minutes early. A replay will be available after the event through the company's website.
Thunderbird Entertainment Group (OTCQX: THBRF) announced its participation in the 16th Annual Needham Virtual Technology & Media Conference from May 17-20, 2021. CEO Jennifer Twiner McCarron will engage in a fireside chat with Needham's senior analyst Laura Martin. Additionally, CFO Barb Harwood will be available for one-on-one meetings. The conference features over 350 company presentations, including various meeting formats for institutional and private equity investors. For further details, contact conferences@needhamco.com.
Thunderbird Entertainment Group (TSXV: TBRD, OTCQX: THBRF) has promoted Sarah Nathanson to Corporate Secretary and Chief Operating Officer, consolidating its Senior Leadership Team amid growth in North America. Nathanson, who previously served as General Counsel, will oversee operations across all divisions. Her promotion reflects the company's commitment to female leadership. Co-founder Cameron White is stepping down as Corporate Secretary, having contributed significantly to Thunderbird’s success since its inception.
Thunderbird Entertainment Group will present at the Planet MicroCap Showcase: VIRTUAL on April 21, 2021, at 11:30 AM EST. The presentation will be led by President and CEO Jennifer Twiner McCarron, who will engage with investors during the session. Those interested can access the live presentation through a provided webcast link. For participation, attendees must register for the event. Thunderbird Entertainment, known for its award-winning production and distribution services, focuses on creating quality content across various platforms.
Atomic Cartoons, part of Thunderbird Entertainment Group (OTC:THBRF), has launched an interactive special episode of The Last Kids on Earth on Netflix as of April 6, 2021. Titled “Happy Apocalypse to You,” the episode allows viewers to make choices affecting the storyline. Concurrently, the first graphic novel, Thrilling Tales from the Tree House, is now available, featuring new stories from the series. This dual release aims to enhance fan engagement and expand the franchise’s appeal, which has previously won an Emmy and achieved bestseller status.
Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) announced that President and CEO Jennifer Twiner McCarron and senior management will participate in several investment conferences throughout March 2021. Notable events include the LD Micro Conference on March 9 and the Roth Conference from March 15-17, among others. Webcasts will be available, and one-on-one meetings will be arranged for interested investors. The Company is recognized for its award-winning programming across various platforms, focused on high-quality, socially responsible content.
Thunderbird Entertainment Group (TSXV: TBRD, OTCQX: THBRF) has announced the appointment of Linda Michaelson as an independent board member, following the resignation of Frank Holmes. The board now consists of seven members, with five being independent. Michaelson, a prominent attorney with extensive experience in entertainment law, is expected to enhance the board's strategic capabilities. Additionally, the board has authorized the grant of 40,000 stock options at $3.95 per share, with a seven-year term and vesting provisions.
Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) reported strong financial results for Q2 ended December 31, 2020. Revenue surged to $28.0 million, a 98% year-over-year increase. Adjusted EBITDA rose to $5.2 million, up from $2.0 million in Q2 2020. Production services revenue jumped 63% to $19.4 million, driven by increased contracts, while licensing and distribution revenues soared 272% to $8.8 million. Free cash flow significantly improved to $4.4 million. The company is developing 21 properties, underlining its growth trajectory.
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